The Federal Government has collaborated with the International Cotton Advisory Committee (ICAC) to revive the moribund cotton/textile industry.
Disclosing this in a statement on Tuesday, the Vice President’s Media Aide, Stanley Nkwocha, said the government met with the International Cotton Advisory Committee at the Presidential Villa in Abuja, the nation’s capital.
Chairing the meeting is the Vice President, Senator Kashim Shettima.
At the meeting, discussions centred on developing key components of the cotton value chain comprising farming, weaving, ginning and linking of cotton, all in line with the industrialization drive of the President Bola Ahmed Tinubu administration.
The target, Nkwocha stated, was to “create over 1.4 million jobs annually in the cotton/textile sector.”
He said the delegation from the International Cotton Advisory Committee was led by its Executive Director, Eric Trachtenberg.
The Vice President assured that “the Tinubu administration will make conscious efforts to ensure the country harnesses opportunities in the cotton value chain, including ensuring that Nigeria regains its International Cotton Advisory Committee membership.”
